Merit Medical Systems (MMSI) Free Cash Flow (2010 - 2026)
Merit Medical Systems (MMSI) posted Free Cash Flow of $51.9 million for Q2 2026, up 110.54% sequentially from $24.7 million in Q1 2026, and down 25.32% YoY from $69.6 million in Q2 2025.
Merit Medical Systems (MMSI) Free Cash Flow (2010 - 2026) Analysis & Trends
Merit Medical Systems has reported Free Cash Flow for 17 years, with the latest figure at $51.9 million in Q2 2026.
- Quarterly Free Cash Flow fell 25.32% year-over-year to $51.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $203.2 million (up 1529.51% YoY) and the FY2025 annual result came in at $215.7 million, up 16.16% from the prior year.
- Free Cash Flow advanced to $51.9 million in Q2 2026 per MMSI's latest filing, from $24.7 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $74.0 million in Q4 2025 and troughed at -$141.3 million in Q4 2024.
- A 5-year average of $25.1 million and a median of $28.1 million in 2022 frame the typical range for Free Cash Flow.
- The widest YoY moves for Free Cash Flow: up 1293.98% in 2024, down 356.31% in 2024.
- Over 5 years, Free Cash Flow stood at $15.5 million in 2022, then soared by 255.15% to $55.1 million in 2023, then slumped by 356.31% to -$141.3 million in 2024, then soared by 152.42% to $74.0 million in 2025, then retreated by 29.85% to $51.9 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $51.9 million, $24.7 million, and $74.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | 948.40 Mn |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | 633.00 Mn |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | 136.00 Mn |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | 403.50 Mn |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | 604.00 Mn |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 80.80 Mn |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | 144.00 Mn |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | 96.40 Mn |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | 181.00 Mn |
| 10 | Merit Medical Systems | 5.43 Bn | 4.98 Bn | 215.17 Mn | 51.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 51.95 Mn |
| Jun 30, 2026 | 51.95 Mn |
| Mar 31, 2026 | 24.67 Mn |
| Mar 31, 2026 | 24.67 Mn |
| Dec 31, 2025 | 74.05 Mn |
| Dec 31, 2025 | 74.05 Mn |
| Sep 30, 2025 | 52.54 Mn |
| Sep 30, 2025 | 52.54 Mn |
| Jun 30, 2025 | 52.31 Mn |
| Jun 30, 2025 | 52.31 Mn |
| Mar 31, 2025 | 36.76 Mn |
| Mar 31, 2025 | 36.76 Mn |
| Dec 31, 2024 | -141.26 Mn |
| Dec 31, 2024 | -141.26 Mn |
| Sep 30, 2024 | 60.74 Mn |
| Sep 30, 2024 | 60.74 Mn |
| Jun 30, 2024 | 51.36 Mn |
| Jun 30, 2024 | 51.36 Mn |
| Mar 31, 2024 | 31.05 Mn |
| Mar 31, 2024 | 31.05 Mn |